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August CPI: Rising energy prices hide underlying inflation progress
This month’s Consumer Price Index (CPI) is a jumble of numbers that look like they contradict each other. But they make sense on closer…

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Foreign currency manipulation is a red herring
Trade policy is finding its way back into the spotlight thanks to the 2024 election campaign. Both the Biden administration and GOP presidential…

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No taming inflation without an independent Fed
Federal Reserve chairman Jerome Powell recently testified before Congress for the semi-annual Monetary Policy Report. The Fed has been under fire from both sides…
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Blog
August CPI: Rising energy prices hide underlying inflation progress
This month’s Consumer Price Index (CPI) is a jumble of numbers that look like they contradict each other. But they make sense on closer…
Blog
Foreign currency manipulation is a red herring
Trade policy is finding its way back into the spotlight thanks to the 2024 election campaign. Both the Biden administration and GOP presidential…
Blog
No taming inflation without an independent Fed
Federal Reserve chairman Jerome Powell recently testified before Congress for the semi-annual Monetary Policy Report. The Fed has been under fire from both sides…
Blog
Fed Chair Powell hearing: more to do on inflation
At his semiannual congressional testimony this week, Federal Reserve Chairman Powell hinted that the Fed likely is not done raising interest rates. This comes…
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The Many Harms of Unlimited Deposit Insurance
Unlimited deposit insurance – the government guaranteeing that bank accounts of any size be made whole-in the event of a bank failure – would create…
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Fed Credibility Depends on it Continuing to Raise Rates
Today’s federal funds rate hike is good news because it signals commitment. That will help the public to expect the Fed to continue to…